Elamant has been rebooted as an
eDuCaTiOn PlAtFoRm
.
Underneath the marketing pitch is the same Ponzi scheme people have been losing money to since 2018.
Elamant
launched in 2018 as a clone of the collapsed
Saivian
Ponzi scheme.
This didn’t come as a surprise, seeing as Elamant owner Ryan Evans (right) was a former Saivian executive.
The ruse behind both scams was to solicit investment, get investors to hand over worthless receipts, pretend receipts were generating external revenue, pay out returns with new investment for as long as possible.
After pillaging Japan and Africa for a year or so, Elamant appears to have collapsed around late last year or early this year.
A marketing video touting Elamant’s new education platform was uploaded to YouTube on May 9th.
It’s not worth getting into Elamant’s education platform (not that any details are provided), as it has nothing to do with returns paid to affiliates.
Elamant affiliates pay a $99.95 Premium membership monthly fee to get started.
There are cheaper membership options but, like the education platform, they have nothing to do with Elamant’s MLM opportunity.
Elamant’s Premium affiliate membership fee can be negated by recruiting and maintaining three Premium membership affiliates (you earn $33 a month per Premium affiliate recruited, capped at three affiliates).
From there it’s the same Ponzi returns seen in Elamant’s original compensation plan:
Consultant (maintain three personally recruited Premium affiliates and have a downline of 12 affiliates) – $100 a week ROI
Senior Consultant (personally recruit and maintain four Premium affiliates and have a downline of 40 affiliates) – $180 a week ROI
Executive Consultant (personally recruit and maintain five Premium affiliates and have a downline of 80 affiliates) – $280 a week ROI
Manager (personally recruit and maintain five Premium affiliates and have a downline of 150 affiliates) – $720 a week ROI
Senior Manager (maintain five personally recruited Premium affiliates and have a downline of 300 affiliates) – $1200 a week ROI
Executive Manager (maintain five personally recruited Premium affiliates and have a downline of 500 affiliates) – $1530 a week ROI
Director (maintain five personally recruited Premium affiliates and have a downline of 750 affiliates) – $1800 a week ROI
Senior Director (maintain five personally recruited Premium affiliates and have a downline of 1000 affiliates) – $2300 a week ROI
Executive Director (maintain five personally recruited Premium affiliates and have a downline of 2000 affiliates) – $3300 a week ROI
Wood Executive (personally recruit and maintain six Premium affiliates and have a downline of 4000 affiliates) – $4800 a week ROI
Fire Executive (personally recruit and maintain seven Premium affiliates and have a downline of 6000 affiliates) – $7000 a week ROI
Earth Executive (personally recruit and maintain eight Premium affiliates and have a downline of 8000 affiliates) – $9000 a week ROI
Me
🤖 Quick Answer
What is Elamant's new business model?Elamant has been rebranded as an education platform following its collapse as a Ponzi scheme. The company, founded in 2018 by former Saivian executive Ryan Evans, operated by soliciting investments, issuing worthless receipts, and falsely claiming they generated external revenue before collapsing around late 2023 or early 2024.
How does Elamant's scheme operate?
The mechanism involves soliciting investor capital, distributing valueless receipts to participants, claiming these receipts generate legitimate external returns, and paying earlier investors with funds from new recruits. This unsustainable structure inevitably collapses once new investment inflows cease, resulting in substantial losses for participants.
What is Elamant's connection to Saivian?
Elamant was established as a direct replica of the collapsed
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